April 2019
Stock IPOs May Dazzle Now, But Gold Will Never Lose Its Shine
Stock markets have been agog with expectations about big initial public offerings (IPOs). Ride-sharing service Lyft recently offered its first public offerings of stock last Friday, offering shares at $72 apiece. The first trades on Nasdaq began at $87.25, but Lyft quickly crashed downwards, falling below $70 on Monday. That’s a worrying sign for other tech companies planning their...
Pressure on Fed to Ease Is Good News for Gold Price
White House economics adviser Larry Kudlow caused some raised eyebrows last Friday with his call for the Fed to immediately cut its target federal funds rate by 50 basis points. According to Kudlow, the Fed never should have raised interest rates above 2%. Despite protestations that the economy is fundamentally healthy, the call for an immediate interest rate belies...
Disappointing Housing Market Continues to Point the Way Towards Recession
Every month seems to bring conflicting data from the housing market, with occasional bits of rosy data eventually overwhelmed by negative data. It’s no secret that houses across the country are incredibly expensive. It’s not even just the large metro areas such as San Francisco, New York, and Washington, DC that are affected either. Even interior states such as...
March 2019
A Perfect Storm Is Taking Shape in Financial Markets: Are Your Assets Safe?
The past week has brought something that investors everywhere had been fearing: an inversion of the yield curve. While the spread between 10-year Treasury bonds and 3-month Treasury bonds had been growing smaller and smaller every month, the yield on the 10-year remained higher. But last week the Fed’s decision to end its balance sheet tightening provided the impetus...
Forbes: Gold Analysts Say Gold Price Set for Early April High
Original Forbes article published on March 24, 2019. If you’re looking at investing in gold to protect your retirement assets, you’re likely in it for the long haul. But that doesn’t mean that you’re oblivious to moves in the price of gold. After all, you want to buy when the gold price is as low as possible and sell (when...
Warning: New Data Indicates A Recession Is All But Certain
Market watchers have been looking for months for signs that a recession is on the horizon. Despite all the negative economic news, from a weak housing market to falling job growth to decreased international trade, stock markets still remain at historically high levels. But now investors have the indicator they need to know that a recession is only months...
Google Plan to Integrate Gold With Google Pay Could Lead to Gold Demand Surge
While millions of investors understand the importance of gold as the ultimate money, they also understand that governments everywhere make it difficult to use gold as money. Until restrictions are lifted gold will have difficulty in reclaiming its monetary role. But the future of gold as money will be digital, with consumers being able to use gold-backed digital currency...
How Long Until QE4?
The Federal Open Market Committee’s (FOMC) meeting last week was nothing less than earth-shattering in terms of its ramifications for financial markets. While many analysts had thought that one rate hike this year might be within the realm of possibility, the Fed all but shut the door on that happening. More importantly, the Fed indicated that it not only...